Penguin Solutions targets AI memory bottlenecks with new hardware
Photo: Crypto Briefing
The former SMART Global Holdings is betting that memory bandwidth, not raw compute, is the next chokepoint in AI data centers Ask anyone about the AI memory boom this year and the conversation usually follows a script. GPUs come up first, then Micron Technology, and if someone mentions flash storage, Sandisk enters the chat. Penguin Solutions (Nasdaq: PENG) rarely gets a line in that script. The company is now making a fairly loud case that it deserves one. On November 2, 2026, Penguin introduced its latest SMART Modular DDR5 Multi-Ranked Dual In-line Memory Modules, known as MRDIMMs.
Source: Crypto Briefing
